1/2: For every 2 units you stake, you will receive 1 unit if you win (plus your stake). Sometimes you will see Evens or EVS displayed. This is the equivalent of a 1/1 fraction. Again it means the horse in question is expected to win the race.
What are odds of 1/2 or greater?
This refers to the odds of your chosen selection. If the odds are less than 1/2 (1.5 in decimals), your bet will not qualify for a free bet.
What do odds 1/3 mean?
But what if the odds are 1/3? How does this work? Basically, what you are looking at here is the price of a horse that is 'odds on'. This means that the bookmaker has decided that it is more likely that this horse will win, rather than fail to win. You would need to wager three pounds to get four pounds back in total.21 Dec 2016
This refers to the odds of your chosen selection. If the odds are less than 1/2 (1.5 in decimals), your bet will not qualify for a free bet. If the potential returns are £1.50 or greater, your bet will qualify.
What are 1.5 odds?
Over 1.5 goals in a match mean that 2 or more goals are required to win the bet, and 0 or 1 goal means the bet loses.16 Dec 2021
When turning fractional odds to percentage in order to calculate profitability, the general rule is to determine how many dollars you get for each dollar you wagered and then multiply that with 100. That will give you your profit in percentages.4 Dec 2019
How do you convert odds to decimal?
How do you convert American odds to decimal? If the American odds are positive the formula is as follows: (American odds / 100) + 1 = decimal odds. If the American odds are negative, the formula is as follows: 1 - (100 / - American odds) = decimal odds.
Can odds be a decimal?
Decimal odds represent the amount one wins for every $1 wagered. Moneyline odds, depending on the negative or positive sign, either indicate the amount one needs to wager to win $100 or the amount one would win for every $100 staked.